ASX-listed energy company Provaris is anticipating the completion of several Tiwi H2 milestones in the coming months.
The vision behind the Tiwi H2 project is to export green hydrogen from a port in the Northern Territory’s Tiwi Islands.
In an update, Provaris said the Owners Engineer appointed for the Solar Precinct Early Works program is on track to finalise the preferred solar farm design, generation capacity and updated cost estimates for April 2023.
Finalisation of the project’s environmental impact statement assessment’s terms of reference is also scheduled for April 2023.
Provaris said the EIS assessment’s terms of reference include requirements of the Environmental Protection and Biodiversity Conservation referral from the federal government.
It said the EIS is “progressing well”, with submission planned for the fourth quarter of this year.
And submission of draft land agreements for Tiwi Land Council and Munupi Clan review is reportedly on track this quarter, and a land access agreement for the solar monitoring equipment is now planned for mid-2023.
Provaris managing director and CEO Martin Carolan said the company is pleased with the progress of the Tiwi H2 project.
“We look forward to achieve important milestones in the upcoming months as we continue to focus on delivering on three key aspects of the project, including environmental approvals, securing land access, and ongoing engagement with the Tiwi community,” he said.
Provaris has also reported business development activities in Norway and wider Europe.
It said pre-feasibility wok is underway with Norwegian Hydrogen to fast-track project definition for a preferred site in the Nordic region.
The goal is to confirm the first project that can deliver exports of hydrogen to Europe in 2027.
Also, Europe has defined a 10 million tonnes per annum import market for renewable hydrogen by 2030, part of the RePowerEu Plan announced in 2022, with limited projects of scale sanctioned to meet this demand.
Provaris said the Norwegian-German declaration announced in January 2023 they are aligned with the EU’s RePowerEU Plan, with both governments working to realise a full-scale hydrogen value chain between Norway and Germany.
The company also noted Norway is supporting the scale up of the industry with material funding support to assist development and capex funding for coastal hubs and zero-emissions shipping.
Mr Carolan said there has been traction in Europe with increased awareness and interaction from hydrogen developers seeking to understand the benefits of Provaris’ compressed hydrogen supply chain.
“We are particularly thrilled to keep building a strong pipeline in that region with Norway providing a platform for multiple commercialisation opportunities,” he said.
“With the assistance of NORWEP and the Australian government, recent discussions with several government and industry stakeholders, including Innovation Norway and ENOVA, have highlighted the advanced development of several coastal maritime hubs to supply green hydrogen and we look forward to progressing these discussions.”
